• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Privacy
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Video
  • Webinars
  • White papers
  • Press releases
  • Featured companies
    • AMD Xilinx
    • BlueBotics
    • Elite Robot
    • RGo Robotics
    • SICK Sensor Intelligence
    • Vicor Power

Coverage, Exclusions and Benefits of Mediclaim Policy for Family

September 13, 2022 by Mark Allinson Leave a Comment

A sort of insurance coverage known as mediclaim insurance is created expressly to pay for the policyholder’s medical costs. The insurer reimburses your expenses when medical bills are reported to the insurance company under a mediclaim policy.

Mediclaim plans additionally provide cashless treatment insurance in the event that a person lacks the financial means to pay for medical expenses. The policyholder of a cashless treatment plan need not worry about bill payments because the insurance provider would cover the hospital expenses immediately.

But your family’s safety and well-being are equally crucial to you. A mediclaim policy for family protects every member of your family from unforeseen medical expenses and gives them access to top-notch medical care in the event of a medical emergency.

With a decent mediclaim policy for family, you and your family can access the required medical services at a reasonable cost without depleting your finances.

Coverage of Mediclaim Policy for Family

One of India’s most popular types of health care coverage plans is a mediclaim policy for family. These medical insurance policies provide adequate aggregate protection for the proposer’s chosen immediate family members, such as spouse, children, parents, and grandparents.

Family health insurance allows you to ensure both yourself and your legally married spouse, dependent children, parents, parents-in-law, etc., based on the amount of insurance. Floater Family Health Insurance allows you to claim up to the full amount insured in an emergency.

However, this reduces the benefits of coverage for other family members. Another highlight of family floater health insurance plans is that most health plans are covered by COVID-19 treatment based on these plans. This means you benefit from the costs incurred as a result of the positive consequences of COVID-19 for a significant period of time as part of your new or existing family health insurance strategy.

Exclusions of Mediclaim Policy for Family

A medical condition or healthcare expense that is not covered by your health insurance plan is an example of an “exclusion.” Since it isn’t covered, your health insurance company won’t pay the expenses.

Pre-existing ailments

Your illness or medical condition would not be covered by the policy if it existed before you purchased a health insurance plan. Depending on the ailment and its risk, there may be a waiting period of 2-4 years or longer before these pre-existing disorders are covered.

Pregnancy and problems related to it

Health insurance policies do not cover pregnancy, delivery, abortion, or any treatment linked to or resulting from pregnancy. However, there may be a waiting time before some mediclaim policy for family would cover pregnancy or as an add-on.

Oral, hearing, and visual health

There may be some exceptions, but since they don’t need hospitalisation, dental and vision procedures aren’t covered by health insurance plans. However, if hospitalisation is necessary, it may be paid for. It is therefore recommended to inquire about it with your health insurance company. These advantages can also be added as an add-on to an existing health plan, though.

Cosmetic procedures

All cosmetic operations are not covered by health insurance because cosmetic surgery is typically done to improve a person’s look. Plastic surgery can, however, be covered in accident or injury situations if it is necessary.

Benefits of Mediclaim Policy for Family

Following are the main advantages of the mediclaim policy for family:

You can add new members

Depending on the terms and circumstances of the policy, family floater plans let you add new family members in the midst of the policy period.

Protection for the whole family

With Floater Pans, you can have coverage for everyone in your family – including yourself, your spouse, your dependent children, and your dependent parents – under the same plan.

Simple to handle

One insurance plan is simpler to deal with and maintain than purchasing multiple policies and learning the terms and conditions of each separately.

The premiums are affordable

The premium paid for the entire family is less than that of individual plans because, in the case of floater plans, the entire family would be covered under the same premium amount, making it easily affordable. If you were to purchase individual insurance plans for each member of your family, you would have to pay a premium on each plan separately.

Tax Advantages

When you purchase a family floater plan, you can take advantage of a tax deduction of up to Rs 25,000! You can benefit from a tax deduction of up to Rs 50,000 if you or even one of the policy’s members is a senior citizen and falls into the group of people over 60.

One must constantly take into account the variables that affect the premium, such as the mortality rate, personal and family medical histories, annual family income, and the coverage selected.

Important deciding criteria include the size of the family and the policy’s terms and conditions. You can buy mediclaim policy for family by Care Health Insurance to safeguard yourself and your loved ones.

Print Friendly, PDF & Email

Share this:

  • Print
  • Facebook
  • LinkedIn
  • Reddit
  • Twitter
  • Tumblr
  • Pinterest
  • Skype
  • WhatsApp
  • Telegram
  • Pocket

You might also like…

Filed Under: Health Tagged With: covered, family, health, insurance, medical, mediclaim, plan, plans, policy

Join the Robotics & Automation News community

Reader Interactions

You must log in to post a comment.

Primary Sidebar

Latest articles

  • Florida university opens Blendid robotic smoothie kiosk
  • Robots vs CNCs: What’s better for working metal?
  • Thermal imaging cameras in the food industry
  • IDS offers its industrial camera users free update to its new deep learning method
  • August Robotics machines helping with floor marking at Leipzig Messe
  • Security robots ‘deter crime and minimize risk’, says Knightscope
  • Schneider Electric invests €40 million in new smart factory in Hungary
  • Jabil to manufacture Sarcos’ robotic systems
  • Smart Robotics launches new robotic mixed case palletizer
  • ForwardX Robotics launches competition to win free fleet of robots

Most Read

  • Stiga launches ‘world’s smartest’ autonomous lawn mower
    Stiga launches ‘world’s smartest’ autonomous lawn mower
  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Agility Robotics launches next generation of its humanoid worker robot
    Agility Robotics launches next generation of its humanoid worker robot
  • Difference Between Three-Phase and Single-Phase Power
    Difference Between Three-Phase and Single-Phase Power
  • Top 20 programmable logic controller manufacturers
    Top 20 programmable logic controller manufacturers
  • Scientists have found more water in space than they ever knew possible
    Scientists have found more water in space than they ever knew possible
  • What You Need to Know About Fixing an Engine Misfire
    What You Need to Know About Fixing an Engine Misfire
  • DeepRoute.ai launches $1,000 ‘map-free’ self-driving solution
    DeepRoute.ai launches $1,000 ‘map-free’ self-driving solution
  • Qualcomm releases ‘groundbreaking IoT and robotics’ platforms
    Qualcomm releases ‘groundbreaking IoT and robotics’ platforms
  • MobileDrive builds next generation ADAS with Siemens’ digital twin technology
    MobileDrive builds next generation ADAS with Siemens’ digital twin technology

Overused words

ai applications automated automation automotive autonomous business companies company control customers data design development digital electric global industrial industry logistics machine manufacturing market mobile operations platform process production robot robotic robotics robots safety software solution solutions system systems technologies technology time vehicle vehicles warehouse work

Secondary Sidebar

Latest news

  • Florida university opens Blendid robotic smoothie kiosk
  • Robots vs CNCs: What’s better for working metal?
  • Thermal imaging cameras in the food industry
  • IDS offers its industrial camera users free update to its new deep learning method
  • August Robotics machines helping with floor marking at Leipzig Messe
  • Security robots ‘deter crime and minimize risk’, says Knightscope
  • Schneider Electric invests €40 million in new smart factory in Hungary
  • Jabil to manufacture Sarcos’ robotic systems
  • Smart Robotics launches new robotic mixed case palletizer
  • ForwardX Robotics launches competition to win free fleet of robots

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

Archivists

September 2022
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« Aug   Oct »

Complex

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2023 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT